Wal-Mart Stores Inc has agreed to settle a private antitrust lawsuit over its exit from the online DVD market, according to court documents.
Carrefour , Europe's top retailer, said the summer sales trend was mixed in Europe but demand was holding up in emerging markets and confirmed it expected operating profit to rise this year.
Home building increased at a much weaker pace than expected in July, though sturdy growth in industrial output implied the embattled economy has enough strength to keep growing.
Bill Simon could not have picked a better time to take over as chief executive of Wal-Mart Stores Inc's key U.S. discount store unit.
By November, Sam's Club stores across US will be offering Wi-Fi to enable its customers to compare prices online through their smartphones.
Amazon.com Inc's quarterly profit fell far short of Wall Street estimates, hurt by a 40 percent jump in expenses and by price cuts on its Kindle electronic reader, sending its shares down 14 percent.
(Corrects that Kindle sales growth rate tripled, not sales, paragraph 9)
Wal-Mart , the world's top retailer, will be ready to open hundreds of stores in India if the country opens up the sector to foreign direct investment, the chief of its Indian joint venture said.
Russian gas giant Gazprom was the world's most profitable company in 2009 despite ranking 50th in revenue, Fortune magazine said on Thursday with the publication of the Fortune Global 500.
Warm weather and promotions tied to Memorial Day and Father's Day helped U.S. retailers post higher same-store sales in June, but analysts warned the discount-heavy month might eat into margins.
Family Dollar Stores Inc forecast a quarterly profit below analysts' estimates, sending its shares down 8 percent, as it faces an uncertain economy and increased discounting by rival Wal-Mart Stores Inc .
U.S. retail sales are expected to have risen in June due to warm weather and a late Memorial Day, but the gains may be just a temporary reprieve in an uncertain economy.
Wal-Mart Stores Inc on Tuesday named Bill Simon to run its U.S. discount stores, which have struggled with sluggish sales as their core customer continues to be pressured by high unemployment.
Stocks were little changed on Monday as data showing a rise in consumer spending was offset by investors' anxiousness before economic reports, including monthly payrolls, later in the week.
Stocks rose on Monday, rebounding after losses last week and data showed consumer spending rose slightly more than expected in May.
Blanche Lincoln, one of the influential U.S. senators spearheading financial reform, is pushing for a change in the proposed bill to benefit a bank predominantly owned by the Walton family of Wal-Mart Stores Inc, the Wall Street Journal said.
Wal-Mart Stores Inc offered a plan on Monday aimed at winning over union leaders and Chicago lawmakers in its attempt to open dozens of stores in the city over the next five years.
Kroger Co posted higher-than-expected quarterly earnings on Thursday, suggesting it was holding its own amid heated competition from Wal-Mart Stores Inc and other grocery stores.
Kroger Co posted higher-than-expected quarterly earnings and backed its full-year outlook, holding its own amid heated competition from Wal-Mart Stores Inc and other grocery stores.
Retailers strive for the perfect mix of products that will boost sales and keep costs down -- but the experience of some, including Wal-Mart Stores Inc , in pruning merchandise shows that getting the recipe just right, can be tricky business.
The Dow and the S&P 500 declined on Friday as May retail sales unexpectedly fell, though a better-than-expected read on June consumer sentiment and strength in tech lifted the Nasdaq.
Stocks were set for a lower open on Friday after sales at U.S. retailers unexpectedly fell in May, stirring fears the economic recovery was losing some steam.
